Sunday, June 20, 2021

"Chinese drillers announce two MASSIVE oil & gas discoveries in Northwest China" (Uyghurland)

This is the follow-up to a December 2020 post, below.

From RT, June 20:

China has discovered a pair of new deposits containing roughly two billion tons of shale oil and gas, according to the state-controlled energy giant China National Petroleum Corporation (CNPC).

One of the wells was discovered in the Fuman oilfield – a major region for crude oil production in the Tarim Basin, in northwest China’s Xinjiang Uighur Autonomous Region. It reportedly contains a billion tons of super-deep oil and gas.

With a drilling depth of nearly 27,900 feet (8,500 meters) and a test oil column reaching 1,640 feet (550 meters), the reservoir set new records for the basin’s deepest oil production and highest oil column, and marks the largest discovery of oil in the area in a decade. It is expected to produce four million tons of oil and 49.4 billion cubic feet (1.4 billion cubic meters) of natural gas annually before 2025.

The oilfield is one of the world’s most difficult areas to drill, as most of the reserves are around 26,000 feet (8,000 meters) below the surface of the Earth. After it was discovered in 2015, annual output in the area grew from some 30,000 tons to 1.52 million tons in 2020, with an estimated production of about two million tons since the beginning of 2021.

Another deposit, in the Ordos Basin, also in the northwest, reportedly contains an estimated billion tons of shale oil, according to CNPC making it the biggest shale oil field in the country.....

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 Previously:

PetroChina Makes Huge Gas Find In Uyghurland

Huh. Imagine that.
The Chinese would prefer it be called Xinjiang but let's go with Uyghurland.

From Reuters India, December 20:

PetroChina strikes big gas find in China Xinjiang's Junggar basin: state media

PetroChina,Asia’s largest producer of oil and gas, has struck a large natural gas discovery in northwest China’s Xinjiang region with an initial estimated reserve exceeding 100 billion cubic meters, China’s state news agency Xinhua reported over the weekend.

This marks another breakthrough in the state oil firm’s natural gas development in the region, following a similar-sized discovery at Tarim basin in September last year.

PetroChina tapped 610,000 cubic meters of daily gas flow and 106.3 cubic meters of crude oil at exploration well Hu-1, located in an exploration zone totalling 15,000 square kilometers at the southern rim of the Junggar basin, Xinhua said.

The oil and gas flows were struck at around 7,400 meters below the earth’s surface....

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The Junggar was considered a lower probability prospect on this 2012 - 2013 map of China's shale deposits:

http://www.worldexpro.com/uploads/newsarticle/4368640/images/458773/large/map3.jpg